Home / Knowledge / News / Textiles / Kanchipuram weavers seek bailout package
Kanchipuram weavers seek bailout package
08
Jul '09
To bailout from the adverse effects of the free trade and globalization since 2004, the badly affected Kanchipuram weavers, well known for their silk saris have demanded a rescue package from the government along with a waiver of loans.

In this regard, more than hundred weavers pleaded before the local MP, P. Vishwanathan to take their grievances to the Union Textile Minister Mr. Dayanidhi Maran.

In a recent meeting, these weavers suggested of setting up of a comprehensive and well-equipped textile complex in the weaving cluster of Kanchipuram, where inputs like raw silk dye stuff, zari and essential weaving equipments should be made available.

They further said that the assistance from the Centre's Textiles Development Corporation should be directed through the societies which have duly elected members.

But according to experts, inputs like raw silk and zari are not freely available, due to which, the productivity and earnings of the weavers is affecting drastically and pushing the weavers into debt.

For the recovery of this debt, houses of weavers who have mortgaged them are being brought under auction. The weavers sought waiver of loans secured from Central Cooperative Banks.

The increasing cost of silver is the key reason for the hike in cost of Zari, said the weavers, who further demanded that the government should mull over providing silver at reasonable prices for zari manufacturing.

They also sought to redesign the health insurance schemes for weavers, which currently is being handled by banks, as they alleged that the scheme is not beneficial for them.

Also they alleged that the Textile City Infrastructure Improvement Funds for weaver areas were spent worthlessly on the things that were not for the improvement of weavers.

They also want specific educational institutions for their children with technical courses as well as free technical training camps for their up-gradation.

The numbers of weavers and handlooms have plunged by half as the weavers are diversifying into other occupations.

Fibre2fashion News Desk - India


Must ReadView All

Coats acquires yarn manufacturer Patrick Yarn Mill

Textiles | On 12th Dec 2017

Coats acquires yarn manufacturer Patrick Yarn Mill

Coats, the world’s leading industrial thread manufacturer, has...

Trade & consumers want MDR free digital payments: CAIT

Apparel/Garments | On 12th Dec 2017

Trade & consumers want MDR free digital payments: CAIT

Transaction charges like the merchant discount rate (MDR) applicable...

Albrecht Roger

Textiles | On 12th Dec 2017

Suessen appoints Roger Albrecht as new managing director

Spindelfabrik Suessen GmbH, a leading manufacturer of spinning...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Urmil Arya

Sushila International, a well established textile organisation established ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search